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Building insurance vs landlord insurance

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Building insurance vs landlord insurance As the end of financial year approaches, it can be a great time to assess all your insurances and make sure you’re adequately covered. And for those insurances where you’re thinking of switching from a monthly to an annual premium to secure a discount, you can also make this payment […]

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What is land tax?

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What is land tax? If you’re a property investor with multiple properties or at least one sizeable property, land tax is an annual expense that you need to factor in along with insurances, maintenance and repairs, and other expenses. This is because land tax is calculated based on the value of the land that you […]

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Depreciation on investment properties

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Depreciation on investment properties   As an asset with significant value, your investment property is subject to a range of changes each year that depreciate its value. The better you understand these changes, the smarter you can be about claiming back some of your investment property’s depreciation in your annual tax returns. And as a […]

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How to Prepare your Investment Property for Summer

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How to Prepare your Investment Property for Summer   As the days get warmer and longer, there are things you should do to make sure your property remains in good condition throughout summer. Not only will regular maintenance prevent costly problems at your property, but it keeps the place in great condition so you can […]

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What is property depreciation?

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What is property depreciation?   Property depreciation is a tax deduction that allows property investors to offset the decline in the value of their investment property (or properties) against their taxable income. After interest, depreciation is the second largest deduction available, so it can make a significant difference to your cash flow when you get […]

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What Should an Inspection Report Look Like?

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What Should an Inspection Report Look Like?   Regular property inspections help you proactively identify any issues with your property before they turn into bigger costly problems. And not only can it save you money, but it keeps communication open between your tenants and either you or your property manager too. Keep reading for an […]

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How often should you inspect your investment property?

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How often should you inspect your investment property?   Routine inspections are a key part of maintaining the condition of your investment property. Plus, they can also help to ensure open communication with your tenants. Keep reading to learn how often you should inspect your investment property and why.   You need to balance tenant […]

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